Pakistan on track to receive $32B remittances

[beast89]

I know you are permanently retarded but even with that why do you assume that India is crying

India is short of breath from Covid more accurately.

 

[peagle]

Pak can ask for a loan swap though. When the US interest rate is damn low, anything over it is a plus....

The idea sounds good, but probably harder in practice. It's not until we introduce change in our laws and policies will the world take us seriously. Plus, a stable political system where the politicians start behaving maturely. Till then, we have to play second fiddle to everyone, it seems. Which for a country of 230 million is a damn shame.

 

[ghazi52]

I am pretty sure the Pak Deep State has chalked out the plan regarding who they want to continue with. Recent visit to the Olympics has cemented it further. AZ, NS & Co. are already like flushed out to the seweage.....

We hope a bright future of Pakistan.. Ameen.

 

[Falcon26]

This only goes to show the unproductive nature of Pakistanis in Pakistan. If couple million overseas Pakistanis can send back home $32-billion, then surely the 220-million in Pakistan can export $100-billion a year.

 

[Flight of falcon]

This only goes to show the unproductive nature of Pakistanis in Pakistan. If couple million overseas Pakistanis can send back home $32-billion, then surely the 220-million in Pakistan can export $100-billion a year.

They will in sha Allah . All they need is a proper leadership. We will be almost at $50 B in a year and a half .

 

[Norwegian]

But i am not as hopeful after seeing condition of my country men as they are ready to again select nawaz/zardari to ruin what ever we have gained.

Problem was never Zardari / Nawaz. It was always their supporters
@Tameem @Mav3rick @muhammadhafeezmalik

 

[Maula Jatt]

Problem was never Zardari / Nawaz. It was always their supporters
@Tameem @Mav3rick @muhammadhafeezmalik

یہ ان کے ڈاکٹروں کی ہدایت ہے کہ وہ کھلی فضا میں چہل قدمی کیا کریں

https://defence.pk/pdf/threads/sick...factory-in-nelson.734544/page-2#post-13541827
mental level or slavery

 

[Norwegian]

https://defence.pk/pdf/threads/sick...factory-in-nelson.734544/page-2#post-13541827
mental level or slavery

 

[K_Bin_W]

They will in sha Allah . All they need is a proper leadership. We will be almost at $50 B in a year and a half .

Tumharay moo mein ghee shakar.

 

[Pak Nationalist]

32 billion in remittances + 36 - 38 billion in expots( goods + Services) = 70 billion dollars of inflows in one year. What a turn around for Pakistan as compared to 2013, 2018 in just three years with pandemic going on. Next year exports will be above 40. I wish IK will be there for next 5 years so we will see real turn around finaly for this Country.
But i am not as hopeful after seeing condition of my country men as they are ready to again select nawaz/zardari to ruin what ever we have gained.

67-69 billion USD (counting FDI as well) inflows and over 80 billion USD (maybe 85-90 billion USD) worth of outflows for this FY.

 

[Sayfullah]

I hope the Pakistani government outlines investment opportunities (like the ML-1) for overseas Pakistanis in the same way it would for foreign investors.

Same.
A idea Pakistan can do is create a new train transit company and list it on a couple international stock exchanges. Overseas Pakistanis can buy shares of it and that way government will have enough money to complete the project while Pakistanis make more money.
In Canada here we have stocks for almost every railways. Canadian national railway, pacific railway etc etc. I in fact bought many stocks of Canadian pacific railway.
If we have companies like these listed on INTERNATIONAL stock exchanges then we can get overseas Pakistanis to invest in them heavily.

 

[FuturePAF]

67-69 billion USD (counting FDI as well) and over 80 billion USD (maybe 85 billion USD) worth of outflows for this FY.

This where attracting FDI to speed up import substitution should come in.

Pakistan Imports By Category

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Pakistan Imports By Category - was last updated on Friday, November 8, 2024.

tradingeconomics.com

With demand for non-Russian gas potentially increasing, getting the TAP (Formerly TAPI) pipeline up and running should be supported.

Pakistan should also formulate a business model that will support modernization of the steel mills through FDI.

But in the end this will have limited success (as imports will grow with population increase and consumption demand)

export growth through attracting FDI to enable modernization is the only way to get out of this constant deficit and underemployment.

 

[Meengla]

Pak can ask for a loan swap though. When the US interest rate is damn low, anything over it is a plus....

+ @peagle and others.

Makhdoom Shahabuddin said in a video several weeks ago that China has offered to take up the 'entire $120 billion of Pakistan's foreign debt' in case Pakistan is pushed to a corner. We can't be sure of the veracity of that claim but the guy was spot on with some apparent inside connections in Pakistan's security establishment in the summer of 2021 especially about the events in Afghanistan.
If this were to be a true claim then China wouldn't just 'give' this money to Pakistan. China would be assuming loans for which Pakistan would pay interest and for which Pakistan would have to presumably compromise in one way or another to some Chinese demands.
I, for one, think there is at least some truth in the claim. I believe Pakistan has been conveying to Washington that Pakistan is not going to join any 'block' but neither would Pakistan betray its friendship with China at any cost. And I also think Pakistan's recent show of backbone to Washington is based on some very likely Chinese financial support commitments. And I also think Washington knows that just like China would block any anti-Pakistan UNSC Resolutions, China would step up to help Pakistan should it come to that. China is flushed with cash and while it would PREFER not to tie down so much cash on Pakistan, it would do so if forced to. United States wouldn't want to lose Pakistan for no gain for Washington! I see the chatter in American media about Pakistan--which is often used to publicly pressure Pakistan--is far less now. Even the blame for the Afghanistan debacle is not put on Pakistan much. These are pointers to the security establishment in America.

Now, don't shoot me down. I am merely conveying what a so-far reliable vlogger has said and from what my own understanding of the rapidly evolving transformations of the regional situation. And if you saw Shehkar Gupta video from today at The Print, you would find more support in coming to such conclusion.

 

[Enigma SIG]

This only goes to show the unproductive nature of Pakistanis in Pakistan. If couple million overseas Pakistanis can send back home $32-billion, then surely the 220-million in Pakistan can export $100-billion a year.

You're asking too much. Pakistan has thara culture, we can't be productive.

 

[peagle]

+ @peagle and others.

Makhdoom Shahabuddin said in a video several weeks ago that China has offered to take up the 'entire $120 billion of Pakistan's foreign debt' in case Pakistan is pushed to a corner. We can't be sure of the veracity of that claim but the guy was spot on with some apparent inside connections in Pakistan's security establishment in the summer of 2021 especially about the events in Afghanistan.
If this were to be a true claim then China wouldn't just 'give' this money to Pakistan. China would be assuming loans for which Pakistan would pay interest and for which Pakistan would have to presumably compromise in one way or another to some Chinese demands.
I, for one, think there is at least some truth in the claim. I believe Pakistan has been conveying to Washington that Pakistan is not going to join any 'block' but neither would Pakistan betray its friendship with China at any cost. And I also think Pakistan's recent show of backbone to Washington is based on some very likely Chinese financial support commitments. And I also think Washington knows that just like China would block any anti-Pakistan UNSC Resolutions, China would step up to help Pakistan should it come to that. China is flushed with cash and while it would PREFER not to tie down so much cash on Pakistan, it would do so if forced to. United States wouldn't want to lose Pakistan for no gain for Washington! I see the chatter in American media about Pakistan--which is often used to publicly pressure Pakistan--is far less now. Even the blame for the Afghanistan debacle is not put on Pakistan much. These are pointers to the security establishment in America.

Now, don't shoot me down. I am merely conveying what a so-far reliable vlogger has said and from what my own understanding of the rapidly evolving transformations of the regional situation. And if you saw Shehkar Gupta video from today at The Print, you would find more support in coming to such conclusion.

I am not shooting you down, but it just does not seem plausible.
Like they say, if you owe someone money, they own you, but if you too much, then you own them. He could be right, I'm just contributing what makes sense to me, but it just doesn't seem plausible.
Time to help Pakistan was before going to the IMF last time around, but they didn't, because they want us, and need us to correct our path, until that happens, they know we will continue to be a burden, they don't need a burden, they need a partner.

The problem of Pakistan isn't corruption, corruption exists everywhere. It is lax polices, poor laws and immature political environment, when these issues are resolved, everything else will gradually fall into place.

Please please watch shehkar gupta with a massive pinch of salt, he is a bloody idiot, I watch his videos when I need some comedy. To tell an effective lie, you have to mix the truth with the lie, that describes him perfectly.